{ "media_type": "text", "post_content": "Hi Fishes, how does the performance bonus calculations work at ZS India for manager level? As in, if your CTC says its 20%, does one get full 20%(of course, depending on performance) or there are substantial cuts??", "post_id": "6149b5ad76efc50020dda104", "reply_count": 4, "vote_count": 2, "bowl_id": "60d50a161df0400022eba1ba", "bowl_name": "ZS Global" }

Hi Fishes, how does the performance bonus calculations work at ZS India for manager level? As in, if your CTC says its 20%, does one get full 20%(of course, depending on performance) or there are substantial cuts??

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Bonus formula = Equalised Gross for that year * Bonus % * Proration factor 1. Equalised gross = (Gross from Jan to June + Gross of July to Dec)/2. For any mid period, maths is just finding the average 2. Bonus % = For Managers it depends on lot of things Own Performance, Project Margin (profit) , Space Margin, Office level margin for that year. There can be more factors to it. Its better to check with some PAM or HR. I am not M or above so can’t exactly comment! 3. Proration factor = (No. of months of tenure at dec/12). If during Dec bonus , 1 year or more is completed, no proration. Its just 1.

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10% written in our offer letters :( poor people This rule is what I believe works as I calculated using this rule for my 4 year end bonuses so far and it makes sense to me as range is 8%-13% in different years

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Generally you do get what is mentioned in offer letter. Many times even higher.

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